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Yahoo CEO Mayer Raises Standards

Yahoo closes South Korean offices, cuts 200 jobs

October 24th, 2012

Yahoo (YHOO) announced last week plans to shutter its business in South Korea as a result of plans to restructure the company. The search engine on Tuesday officially began notifying employees of the closure and will be eliminating 200 jobs as a result, according to Reuters. Yahoo CEO Marissa Mayer previously said that the decision …

Yahoo's grand homepage redesign leaks out

October 13th, 2012

Yahoo (YHOO) CEO Marissa Mayer has wasted no time in turning the Internet portal into a lean and mean Web machine since she landed the job in July. Next up on Mayer’s agenda after giving all Yahoo employees free iPhones and food is trimming all the bloat on the portal’s homepage. Business Insider claims the screenshot above …

Google chairman interested in wooing Yahoo away from Microsoft

September 25th, 2012

Yahoo’s (YHOO) decision to go with Microsoft’s (MSFT) Bing as its underlying search technology hasn’t exactly upended the search engine market, and now Google (GOOG) Chairman Eric Schmidt has publicly stated that he’s interested in breaking up the marriage between the two companies. Forbes reports that while speaking at an event to promote the Nexus 7 …

New Yahoo CEO pores over every resume to prevent hiring of C-list slackers

September 4th, 2012

It should be pretty obvious by now that new Yahoo (YHOO) CEO Marissa Mayer is not messing around. An unnamed source has told Business Insider that Mayer has now taken control of the company’s hiring process and personally reads the resumes of every “serious candidate” to weed out anyone who doesn’t meet her exacting standards. 

New CEO Melissa Mayer starts cracking the whip at Yahoo

August 28th, 2012

Yahoo (YHOO) employees had better enjoy the free iPhones and all the free food they’ll be getting at Yahoo company cafeterias because it seems they’re going to be working a lot of late nights. Business Insider reports that new Yahoo CEO Marissa Mayer is letting Yahoo employees know that they’re going to have to start putting in …

Yahoo’s $100M woman sends first memo to troops

July 20th, 2012

A recent filing with the United States Securities and Exchange Commission reveals that newly appointed Yahoo (YHOO) CEO Marissa Mayer will potentially earn $100 million over the next five years. The sum is undoubtedly huge, but the tasks that lie ahead for Yahoo’s new chief are daunting at best. Now that Mayer has taken the …

Yahoo beats Q2 earnings with $0.27 per share as new CEO Marissa Mayer takes the reins

July 17th, 2012

Yahoo on Tuesday reported its second quarter earnings, beating Wall Street’s earnings expectations of $0.23 per share on $1.096 billion in revenue. The firm posted earnings of $0.27 per share on sales that narrowly missed analysts’ consensus at $1.08 billion. Yahoo’s search revenue came in at $461 million, down 1% year-over-year, while display revenue was up …